By THOUSIF INC
According to an SEC filing, the share purchase was made in the last quarter of 2021.
Berkshire Hathaway bought $1 billion in shares of Brazilian digital bank Nubank in the fourth quarter of 2021.
According to a 13F filing with the Securities and Exchange Commission.
In December, when Nubank went public, Berkshire Hathaway reportedly acquired 30 million shares for a total of $250 million.
At that time, Nubank's valuation reached $41.5 billion.
In the fourth quarter of 2021, Berkshire also sold 1.27 million shares of Visa and 302,000 shares of Mastercard.
In June 2021, Berkshire Hathaway invested $500 million in Nubank by leading the extension of a Series G funding round.
Although Nubank does not allow trading in cryptocurrencies, its investment unit.
NuInvest, allows users to invest in crypto exchange-traded funds (ETF), according to the company website.
In 2018, Berkshire Hathaway CEO Warren Buffett declared his dislike of bitcoin, calling it "rat poison squared."